It turns out the rumor was true as Chevrolet has taken the wraps off the Bolt EV concept today in Detroit at 2015 NAIAS.

It turns out the rumor was true as Chevrolet has taken the wraps off the Bolt EV concept today in Detroit at 2015 NAIAS.

The concept takes the shape of a five-door hatchback in the same vein as the BMW i3 with short front & rear overhangs and is built by using a combination of lightweight materials such as aluminum, carbon fiber, magnesium and woven mesh. It boasts aerodynamically-optimized vented rear fenders which help increase range while LED technology was used for both headlights and taillights.

Chevrolet says the interior cabin offers a generous amount of headroom and legroom which combined with the see-thorough roof enhances the feel of spaciousness. It's a high-tech cabin with slim seats installed on exposed aluminum pedestals while the minimalistic center console adopts a floating design and hosts a 10-inch capacitive touchscreen display.

Hardware specifications have not been released but the Bolt EV concept is capable of providing a range of more than 200 miles (322 km) and if built, it would carry an estimated starting price of $30,000.